• Fastenal average return on investment for 2023 was 31.95, a 5.1% decline from 2022.
• Fastenal average return on investment for 2022 was 30.4, a 9.71% increase from 2021.
• Fastenal average return on investment for 2021 was 27.71, a 3.05% increase from 2020.

Roi - return on investment can be defined as an indicator of how profitable a company is relative to its assets invested by shareholders and long-term bond holders. Calculated by dividing a company's operating earnings by its long-term debt and shareholders equity.